About Triangle Innovations Private Limited
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Triangle Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101637. Its GSTIN is 29AAGCT1780P1ZL (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.95 Lakh. It is led by directors Prakash Hanumantappa Hosadurga and Dhanyaparshuram.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.35 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹25.65 Lakh (net margin -68.7%) and EBITDA of -₹32.92 Lakh (EBITDA margin -88.1%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years and 40% over five years.
The company is associated with 1 brand: ICleanX. The company has 1 deal on record (1 funding round), with disclosed funding of ₹25 Lakh; the latest was in November 2021. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Purelife Filtration Private Limited with revenue of ₹37.54 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icleanx.com.
- EmailLocked
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- Website
- Social MediaLocked
- Registered Address# 10 And 11 1st Floor 4th Cross 6th Main Road, S G Kaval Chandana Badavane, Bangalore, Karnataka, India – 560091
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Triangle Innovations Private Limited
The main business activity of Triangle Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Triangle Innovations Private Limited FY 2025 filings available
Triangle Innovations Private Limited reported revenue of ₹37.35 Lakh (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Triangle Innovations Private Limited
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 42% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Triangle Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹32.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.65 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Triangle Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -88.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -68.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Triangle Innovations are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Triangle Innovations Private Limited
Triangle Innovations Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purelife Filtration Private Limited | ₹37.54 Lakh (FY 2024) | •••• | •••• | 104.0% | •••• | Mumbai, Maharashtra, India |
| Krisbal Engineering Private Limited | ₹37.51 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Kanjikode, Kerala, India |
| Shigan Industries Private Limited | ₹37.5 Lakh (FY 2024) | •••• | •••• | 175.0% | •••• | Delhi, India |
| Power Jacks (India) Private Limited | ₹37.49 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Vadodara, Gujarat, India |
| CPC Consolidated Pressure Control Private Limited | ₹37.46 Lakh (FY 2025) | •••• | •••• | •••• | Dehradun, Uttarakhand, India | |
| Triangle Innovations Private Limited this company | ₹37.35 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Rodella Technologies Private Limited | ₹37.35 Lakh (FY 2024) | •••• | •••• | -52.0% | •••• | Bhopal, Madhya Pradesh, India |
| Elat Machineries and Robotics Private Limited | ₹37.33 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Disha Engi-Tech Private Limited | ₹37.23 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Ahmedabad, Gujarat, India |
| Kanuda Aquapure Solutions Private Limited | ₹37.15 Lakh (FY 2025) | •••• | •••• | 962.0% | •••• | Pune, Maharashtra, India |
| Sags Electrodyne Pvt Ltd | ₹37.14 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Triangle Innovations by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Triangle Innovations Private Limited
Triangle Innovations Private Limited is audited by G V Bhat & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G V Bhat & Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Triangle Innovations Private Limited
Triangle Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Hanumantappa Hosadurga | Director | 23 Mar 2017 | 9 Years 6 Months | Current |
| Dhanyaparshuram | Director | 23 Mar 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Triangle Innovations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Triangle Innovations Private Limited
Triangle Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Triangle Innovations Private Limited
Triangle Innovations Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹25 Lakh; the latest was in November 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Funding round · Seed | ₹25 Lakh | Investors: Social Alpha |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Triangle Innovations Private Limited
Triangle Innovations operates one associated brand: ICleanX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cleaning equipment and machines are manufactured as core services. | icleanx.com |
Employees and EPFO Compliance at Triangle Innovations Private Limited
Employment history and EPFO contributions of people linked to Triangle Innovations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Triangle Innovations Private Limited
Triangle Innovations Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Dhanyaparshuram was appointed as Director on 23 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Triangle Innovations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Triangle Innovations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Triangle Innovations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Triangle Innovations Private Limited
Triangle Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT1780P1ZL | Karnataka | Active | 14 Mar 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Triangle Innovations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Triangle Innovations Private Limited
Triangle Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101637.
Triangle Innovations reported revenue of ₹37.35 Lakh for FY 2024 (down 11% YoY).
Triangle Innovations has 2 current directors:
- Prakash Hanumantappa Hosadurga - Director
- Dhanyaparshuram - Director
Triangle Innovations reported a net loss of ₹25.65 Lakh (net margin -68.7%) and EBITDA of -₹32.92 Lakh (EBITDA margin -88.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Triangle Innovations is 135% over three years and 40% over five years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Triangle Innovations is 29AAGCT1780P1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Triangle Innovations is U74999KA2017PTC101637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Triangle Innovations was incorporated on 23 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Triangle Innovations has 1 deal on record (1 funding round), with disclosed funding of ₹25 Lakh; the latest was in November 2021.
The peers of Triangle Innovations by revenue are Purelife Filtration Private Limited, Krisbal Engineering Private Limited, Shigan Industries Private Limited, Power Jacks (India) Private Limited, CPC Consolidated Pressure Control Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Dhanyaparshuram was appointed as Director on 23 Mar 2017. Prakash Hanumantappa Hosadurga was appointed as Director on 23 Mar 2017.